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so our cutoff date is 228 and then were going to reverse it as of March lets see that on the income statement too lets put this out to 03 31 2 3 run it so this is most easily seen here on the income statement the actual invoice was entered in March but we we the the work was actually done in February therefore we did an adjusting entry to record this 500 and 400 included in the line item in February so that makes the financial statements correct in February but now if I dont do anything to fix it Ill have entered it twice in uh By the time March is in place and its March 5th is when the transaction took place so now I have to do a reversing entry now remember you might say well why dont I just why dont I just go into the invoice that was entered in the wrong date were saying and change the date and the problem is that its not exactly wrong possibly with regards to the system that the accounting system is using maybe they do their invoicing every two weeks for the for the wor
